Short Interest in TOPCON (OTCMKTS:TOPCF) Declines By 36.5%

Key Points

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TOPCON (OTCMKTS:TOPCF - ) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 248,600 shares, adecreaseof36.5% from the July 15th total of 391,500 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 2,486.0 days. Approximately0.2% of the company's shares are short sold. Approximately0.2% of the company's shares are short sold. Based on an average trading volume of 100 shares, the short-interest ratio is presently 2,486.0 days.

TOPCON Price Performance

TOPCON stock opened at $22.28 on Tuesday. TOPCON has a 52-week low of $9.34 and a 52-week high of $23.00. The firm has a fifty day moving average of $21.47 and a 200-day moving average of $20.99. The firm has a market capitalization of $2.41 billion, a P/E ratio of -445.52 and a beta of 0.52. The company has a quick ratio of 0.68, a current ratio of 1.15 and a debt-to-equity ratio of 0.25.

About TOPCON

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.

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